Summary of Original Version

Amend KRS 341.243 to change the employer's contribution rate to the service capacity upgrade fund; of the rate subtracting .075% until December 31, 2026; provide that beginning January 1 2027, the rates shall be adjusted by subtracting 0.0115%; require the secretary of the Education and Labor Cabinet to set the adjustment percentage annually to be effective January 1 of each subsequent year, not to exceed 1.025%.

Summary of Amendment: Senate Floor Amendment 1 -- M. Nemes

Summary Retain original provisions; amend KRS 341.243 to require the Secretary for the Education and Labor Cabinet to annually set the adjustment percentage to be effective January 1 of the subsequent year, not to exceed 0.025% and to suspend the subtraction from each rate if the service capacity upgrade fund balance is $15,000,000 or more, or the unemployment insurance trust fund exceeds the balance of the trust fund as of December 31, 2022.

Summary of Amendment: Senate Floor Amendment 2 -- M. Nemes

Summary Retain original provisions; amend KRS 341.243 to require the Secretary for the Education and Labor Cabinet to annually set the adjustment percentage to be effective January 1 of the subsequent year, not to exceed 0.025% and to suspend the subtraction from each rate if the service capacity upgrade fund balance is $15,000,000 or more, or the unemployment insurance trust fund exceeds the balance of the trust fund as of December 31, 2022.

Summary of Amendment: House Floor Amendment 1 -- C. Massaroni

Summary Retain orginal provisions; amend KRS 341.350 to eliminate the 1 week waiting period for unemployment benefits; amend KRS 341.090 to conform.

Summary of Amendment: House Floor Amendment 2 -- J. Decker

Summary Retain original provisions, except amend KRS 196.026, relating to organizational units of the Department of Corrections, to establish the Division of Central Kentucky Medical Correctional Complex within the Department of Corrections Office of Adult Institutions; EMERGENCY.

Summary of Amendment: House Floor Amendment 3 -- J. Decker

Summary Make title amendment; EMERGENCY.

Statutes affected:
Introduced: 341.243
Current: 341.243